Transcription of PAYMENT SYSTEMS IN SINGAPORE - Monetary …
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PAYMENT SYSTEMS IN SINGAPORE - Monetary …
PAYMENT SYSTEMS IN SINGAPORE . SINGAPORE CONTENTS. List of abbreviations ..390. 1 Institutional aspects ..391. Legal and regulatory PAYMENT instruments and Securities settlement ..392. Institutions ..392. Automated Clearing House (ACH)..394. Credit / charge card operators ..395. Network for Electronic Transfers ( SINGAPORE ) Pte Ltd (NETS) ..395. Central Depository Pte Ltd (CDP) ..395. The role of other private and public sector SINGAPORE Clearing House Association (SCHA) ..396. Association of Banks in SINGAPORE (ABS)..396. Electronic payments Technical Committee (EPTC)..396. Controller of Certification Authorities (CCA)..397. 2 PAYMENT Cash.
Singapore 391 Overview A payment system comprises the cultural, political, legal, economic and business practices and arrangements used within a market economy to determine, store and exchange value or
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